Need the Deferred Depreciation Expense calculation to be (Corp book-Tax book) * 22.5%
The corp book used depreciation method STL, and the tax book use declining method.
The deferred depreciation expense calculation is (Corp book-Tax book), but according to the country's law, the calculation must be ((Corp book-Tax book) * 22.5%)
So, the journal entry will be:
DR/ Deferred depreciation expense ((Corp book-Tax book) * 22.5%)
CR/ Deferred accumulated depreciation ((Corp book-Tax book) * 22.5%)
Any idea or workaround is highly appreciated.
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